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Showing posts with label Interbank lending hits lifetime low. Show all posts
Showing posts with label Interbank lending hits lifetime low. Show all posts

Interbank lending hits lifetime low

The cost of bank-to-bank euro lending over three months hit a lifetime low on Friday ahead of a European Central Bank meeting next week which could yield further measures to boost liquidity and interbank lending. Interbank lending rates for euros edged closer to the ECBs key refi rate now at 1.50 percent while closely-watched spreads - a measure of market stress - narrowed.

Saturday, March 28, 2009

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